2225 Hwy 44th W Inverness, FL 34453-3805
This exceptional investment opportunity presents a 6,174-square-foot Outback Steakhouse located on a 3.33-acre lot at 2225 Hwy 44 W, Inverness, FL 34452. The property boasts an absolute NNN lease with a corporate guarantee from Bloomin' Brands, offering ±12.3 years remaining on the primary term, plus three 5-year renewal options. Enjoy attractive annual rent escalations of 1.8%. The restaurant benefits from excellent visibility and accessibility on Highway 44 West (29,400 vehicles per day), situated just two miles west of downtown Inverness and near the intersection with US Highway 41 South (18,400 vehicles per day), providing convenient access to Tampa. Its strategic location is complemented by proximity to a medical office building, a Chevrolet dealership, RaceTrac, Starbucks, and newly constructed apartments. The property is surrounded by significant retail development, including the Shops at Inverness, Citrus Center Shopping Mall, Citrus Plaza, and Highland Square Shopping Mall, featuring a wide array of national retailers. Built in 2001, this 100% occupied property generates a strong net operating income (NOI) of $269,238, representing a 6.00% cap rate and a price per square foot of $726.81. The asking price is $4,487,300. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential in a thriving retail corridor.
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Outback Steakhouse Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C COMMERCIAL · Inverness, FLInverness. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.